Gold Price in January 2022
In January 2022, gold fell 1.8%, from $1,828.60 at the end of December to $1,795.00 per troy ounce on January 31, 2022. The highest close was $1,852.50 on January 25, 2022, the lowest $1,784.90 on January 28, 2022, and the average over 20 trading days was $1,816.79. Today's price is 124.2% higher than the January 2022 close.
- Gold fell 1.8% in US dollars in January 2022.
- Measured in other currencies, the change ranged from −3.7% in ZAR to +1.7% in AUD, because exchange rates moved too.
- It did better than silver (−4.0%), bitcoin (−16.9%) and US stocks (−5.2%).
- It closed higher on 10 trading days and lower on 10, with an average daily move of 0.78%.
- At the end of the month it was 13.3% below its highest close since 2000.
- Gold/silver ratio: 78.4 → 80.2.
Gold price chart, January 2022
US dollars per troy ounce · daily closeGold in other currencies, January 2022
| Currency | Change in the month |
|---|---|
| AUD | +1.7% |
| CHF | 0.0% |
| EUR | −0.3% |
| TRY | −0.4% |
| INR | −1.0% |
| GBP | −1.1% |
| EGP | −1.6% |
| JPY | −1.7% |
| CAD | −1.7% |
| CNY | −2.2% |
| PKR | −3.5% |
| ZAR | −3.7% |
Price in each currency at each day's exchange rate, previous month-end to this month-end. A weaker currency makes gold rise more in local terms.
Gold vs other assets, January 2022
| Asset | Change (USD) |
|---|---|
| Gold | −1.8% |
| Silver | −4.0% |
| Bitcoin | −16.9% |
| S&P 500 (with dividends) | −5.2% |
| US inflation (CPI, month) | +0.84% |
| Gold/silver ratio | 78.4 → 80.2 |
Month-end to month-end. US CPI is the official monthly index (not seasonally adjusted), published the following month.
Daily Gold Prices, January 2022
Closing price for every trading day, with the same price in INR and AED at that day's exchange rate.
| Date | Close (USD per oz) | Change | USD per gram | 24K India, ₹ per 10 g | 24K UAE, AED per gram |
|---|---|---|---|---|---|
| Jan 3Mon | $1,800.10 | −1.56% | $57.87 | ₹43,125 | AED 212.55 |
| Jan 4Tue | $1,814.60 | +0.81% | $58.34 | ₹43,407 | AED 214.23 |
| Jan 5Wed | $1,825.10 | +0.58% | $58.68 | ₹43,736 | AED 215.47 |
| Jan 6Thu | $1,789.20 | −1.97% | $57.52 | ₹42,815 | AED 211.23 |
| Jan 7Fri | $1,797.40 | +0.46% | $57.79 | ₹43,005 | AED 212.20 |
| Jan 10Mon | $1,798.80 | +0.08% | $57.83 | ₹42,952 | AED 212.40 |
| Jan 11Tue | $1,818.50 | +1.10% | $58.47 | ₹43,298 | AED 214.69 |
| Jan 12Wed | $1,827.30 | +0.48% | $58.75 | ₹43,366 | AED 215.73 |
| Jan 13Thu | $1,821.40 | −0.32% | $58.56 | ₹43,216 | AED 215.04 |
| Jan 14Fri | $1,816.50 | −0.27% | $58.40 | ₹43,201 | AED 214.46 |
| Jan 18Tue | $1,812.40 | −0.23% | $58.27 | ₹43,268 | AED 213.97 |
| Jan 19Wed | $1,843.20 | +1.70% | $59.26 | ₹44,220 | AED 217.61 |
| Jan 20Thu | $1,842.60 | −0.03% | $59.24 | ₹44,104 | AED 217.54 |
| Jan 21Fri | $1,831.80 | −0.59% | $58.89 | ₹43,848 | AED 216.26 |
| Jan 24Mon | $1,841.70 | +0.54% | $59.21 | ₹44,062 | AED 217.46 |
| Jan 25Tue | $1,852.50 | +0.59% | $59.56 | ₹44,458 | AED 218.71 |
| Jan 26Wed | $1,829.70 | −1.23% | $58.83 | ₹43,990 | AED 216.02 |
| Jan 27Thu | $1,793.10 | −2.00% | $57.65 | ₹43,177 | AED 211.69 |
| Jan 28Fri | $1,784.90 | −0.46% | $57.39 | ₹43,160 | AED 210.73 |
| Jan 31Mon | $1,795.00 | +0.57% | $57.71 | ₹43,305 | AED 211.95 |
How January usually goes for gold
In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%.
Gold in January 2022: FAQ
What was the price of gold in January 2022?
Gold traded between $1,784.90 and $1,852.50 per troy ounce (daily closes) in January 2022, averaging $1,816.79. It closed the month at $1,795.00.
How much did gold go down in January 2022?
Gold fell 1.8%, from $1,828.60 to $1,795.00. The biggest daily rise was +1.7% on January 19, 2022 and the biggest fall −2.0% on January 27, 2022.
What was the gold price on January 3, 2022?
Gold closed at $1,800.10 per troy ounce on January 3, 2022, the first trading day of the month. 24K India, ₹ per 10 g: ₹43,125.
Is January usually a good month for gold?
In the 20 years from 2006 to 2025, gold rose in January 14 times out of 20, with an average move of +3.5% and a median of +3.7%. Past seasonal patterns are not a reliable guide to any single year.
How much did gold change in rupees in January 2022?
Gold fell 1.0% in Indian rupee terms in January 2022, compared with −1.8% in US dollars.
Did gold beat stocks in January 2022?
Yes. Gold was −1.8% for the month, against −5.2% for the S&P 500 with dividends.
Did gold keep up with inflation in January 2022?
US consumer prices (CPI) changed +0.84% in January, so gold's real (inflation-adjusted) change was about −2.7%.